Sensex tumbles 553 points on selling in IT stocks

Benchmark equity indices Sensex and Nifty fell for the second day on Thursday dragged down by losses in IT stocks and relentless foreign fund outflows. Illustration: Dominic Xavier/Rediff.com......

Market riptide pulls ADR below 1, charting course of unease

The advance/decline ratio (ADR) — a gauge of market breadth — has remained negative (below 1) for a second consecutive month. Illustration: Uttam Ghosh/Rediff.com In other words, the......

Banking, financial stocks drag Sensex down by 427 points

Benchmark equity indices Sensex and Nifty declined on Wednesday, dragged down by banking and financial stocks amid weak trends in global markets. Photograph: Arko Datta/Reuters Besides, weak......

Cement Inc valuation hits new peaks despite weak earnings

There has been a sharp slowdown in revenue and profit growth in the cement sector in recent quarters but it is yet to show in the share prices of cement companies. Kindly note the image has been......